"Today, all the shareholders are here, right? I want to announce one thing!"

In the conference room of Huimin Travel Company, Zhang Yida sat in the first seat, looking at the dozens of shareholder representatives present on both sides of the conference table, ready to announce the merger of the company.

Smith was also sitting in the conference room, looking at Zhang Yida intently, ready to hear what the "big surprise" in Huang Xiaofeng's mouth was?

"Huimin Travel, Pindodo, and Doushi will be merged into one group, and after the merger into one group, it will fully integrate the resources of various platforms and strive for a higher valuation/market value target!"

Investors exploded when they heard this, and began to think about the feasibility of the merger, as well as the gains and losses.

Smith asked directly, "Mr. Zhang, can you tell me the benefits of the merger?"

"The simplest point is to improve the profitability of Huimin Travel through the ecology of the new group.

For example, at present, the war of bicycle sharing is not completely over, and Harrow Bicycle and Little Blue Bicycle are still stubbornly resisting in first- and second-tier cities.

They basically don't have a chance to get big at the moment, and they don't pose much of a threat to us.

Of course, this refers to the situation when Jackma and Chen Wei did not have a hot mind and threw down three or four billion dollars.

If they are willing to spend billions of dollars to come in, then the account of shared bicycles still has to be paid. ”

Investors laughed, and the current pattern of shared bicycles has basically been constant.

Jackma and Chen Wei each have business fundamentals, how can they invest billions of dollars to enter the market?

If you say that the industry is like a gold mine, then maybe they will change their minds.

Invest billions of dollars today, and you can recoup your capital in a short period of time and more.

But bike sharing is obviously not this kind of "gold mine" industry! You are not a gold mine, but a silver mine.

But Huimin bicycles are nothing, and perhaps it is more appropriate to call them "mines".

Some investors have regretted that the market share of Huimin bicycles is indeed large, but it is not as easy to make a profit as the phenomenon suggests.

When the C round of financing is burned out, they are very worried about whether Huimin Travel can raise another round of financing.

If it can't be melted, then the situation will be critical.

"Yida, don't sell it, just say it, what's the benefit of merging. ”

Xu Xiaoming was also present, and he urged Zhang Yida to finish his words quickly.

"Okay, then I'll move on. ”

Zhang Yida added: "Harrow Bicycle and Little Blue Bicycle are backed by Ahri and Didi, although they are reluctant to spend billions of dollars to come in, but we can still do it by putting a nail in the field of shared bicycles."

They have been engaged in a free strategy in first- and second-tier cities, and we can only follow up in order to keep the market. Therefore, Huimin Bicycle also loses the most in first- and second-tier cities.

The purpose of their doing this, on the one hand, is not to give up on the traffic entrance of shared bicycles, and on the other hand, I am afraid that it is still for strategic purposes, retaining a trace of the possibility of counterattack.

Speaking of which, everyone should almost understand! If we want to make a profit, we must change our thinking.

After merging with Pindodo and Shake Vision, we can launch some joint activities.

For example: brush the shake for half an hour, and give Huimin a bicycle half an hour of free riding time;

If you shop more than 100 yuan, 200 yuan and 500 yuan in Pindodo, you will be given a free weekly, monthly and quarterly card for Huimin bicycles.

After riding a Huimin bicycle for half an hour, and for an hour, we can also give Pindodo shopping coupons to help Pindodo pull GMV......

This business linkage model will push up the GMV of Pindodo, improve the usage time and stickiness of Douyin users, and the frequency of use of Huimin bicycles will also be increased.

The profit of the other two companies, the profit of the group, and the profit of Huimin Bicycle.

Of course, this is just an example, and the specific business collaboration still needs to be carefully discussed and studied by the operation team to achieve maximum benefits. ”

"Yida, what do you mean is that the bicycle continues to ride for free, but add some conditions to achieve free riding, such as watching short videos and shopping?

Let these two companies make profits, and then feed back to Huimin Bicycle in the future?"

Zhang Yida looked at Shen Beipeng, nodded and said, "Yes, that's what it means." The three APPs also have to open accounts with each other to drive each other's business. ”

I heard that the things on it are very cheap, but the quality is not particularly good. Zhu Xiaohu of Jinshahe Venture Capital interjected.

"Pindodo was originally to do the sinking market, to do those price-sensitive customers.

The cost is there, and if you want to have a quality with a product that is several times or even ten times more expensive, it is just a fool's dream and a whimsical dream.

Don't look at the people who are shouting "consumption upgrading" every day in China, but in fact, most of the people with lower than average wages are the most.

The number of users below these third- and fourth-tier cities accounts for more than half of the 1.3 billion people. ”

Zhu Xiaohu nodded, Zhang Yida was right.

Don't think that the white-collar life in Beijing, Shanghai, Guangzhou and Shenzhen is the average line of Chinese.

As an investor, he is well-informed, and naturally knows that many ordinary people are far from reaching the so-called "average salary line" announced.

"I heard that the annual GMV is tens of billions, which is a good e-commerce platform. But Shake Vision, it is said that there are only users, but there is no revenue?" Zhang Ying of Jingwei Global began to pick thorns again.

"There is no revenue because we haven't started full commercialization yet. If you start receiving ads, it is easy to increase revenue.

But now it is still in the stage of rapid growth, and the gains outweigh the losses.

In addition, Doushi's subsidiaries have conquered cities in Europe and the United States, and have been invincible, topping the AppStore download list of various countries for a long time, and have done very successfully overseas. ”

Zhang Yida knew that it was not easy to reorganize several companies, so he praised Doushi very hard.

"I heard that the valuation of Shake is $7 billion?" Ren Yu asked.

"Yes, the A round of $1 billion was completed some time ago. ”

The investors present secretly smacked their tongues, and the amount of this A round was much larger than the C and D rounds of other companies.

"Isn't this valuation too high?" Zhang Sanshi said the thoughts of most of the investors present.

"How can it be high? All the data can stand up to scrutiny, and we are valuing Kuaishou for benchmarking, which is very reasonable. ”

Xu Xiaoming also stood up to help Zhang Yida speak, "Yes, this valuation is not high, how many APPs have exceeded 100 million users in less than a year? ”

"Ahem, that ...... Mr. Xu, I heard that Zhenke Fund is also a Series A investor of Doushi?"

After speaking, Gan Renping of Qiming Venture Capital looked at Xu Xiaoming with a smile.

"Although Zhenke is also an investor of Doushi, it is also an investor of Huimin Travel, and we will not be biased towards either side. ”

Xu Xiaoming behaved very frankly, he really didn't favor any side, so he was not weak at all.

"Then what should be the current valuation of our Huimin Travel? It's been several months since the C round of financing, it can't be still $6 billion, right?" Tong Shijie of GGV Capital looked at Zhang Yida.

"The valuations of all three companies will be re-evaluated based on the previous round of funding based on the operating data up to date," Zhang said.

No company, no investor will suffer, we will evaluate the valuation in accordance with the principle of fairness and impartiality. ”

Other investors stopped talking, Zhang Yida said so, they also sold him face, let's see how the situation develops next.

Then, Pinduoduo and Doushi also held a shareholders' meeting.

The financing rounds of these two companies are several rounds less than those of Huimin Travel, and there are not many investment institutions, except for penguins, which are Zhenke Fund and Black Shirt Capital.

Therefore, it is much easier to negotiate than to benefit the people, and a consensus was reached soon.

At the same time that the three companies of Pindodo, Doushi and Huimin Travel hired external institutions to conduct due diligence, the press conference of Zhonghe Group was also held in Beijing.

At the venue, Zhang Yida announced in a high-profile manner that Lu Qi would be hired as the CEO of Zhonghe Group.

The reporters in the audience were directly confused, they hadn't heard of such a No. 1 company? Could it be that Zhang Yida has made some new project?

"Hello Mr. Zhang, is Zhonghe Group your newly established company?"

Facing the reporter's question, Zhang Yida said with a smile: "Yes, that's right, it is indeed a newly established company. ”

"Will this new company take artificial intelligence as its main research direction?" the reporter asked.

"This includes research on artificial intelligence, but it is not the entire business of Zhonghe Group. ”

The reporter asked again: "Mr. Zhang, can you tell us more about it?"

Zhang Yida said: "Not for the time being, you will know after a while." ”

Seeing that Zhang Yida was so unhappy, other reporters flocked to Lu Qi and asked him questions.

"Dr. Lu, I heard that you rejected the solicitation of the domestic BATJ and chose the little-known Zhonghe Group, what is the purpose of this?"

Lu Qi said with a smile: "Because Mr. Zhang and I can talk about each other, we both have some common goals. ”

"Does this common goal refer to AI research and development?"

"Including!" Lu Qi nodded, "but not all. Zhonghe Group's goal is to become a global technology company. ”

The reporter is more curious about this mysterious Zhonghe Group, and it wants to become a global technology company.

This slogan is too exaggerated, isn't it? Penguin, Ahri, and Qiandu are not worthy of such titles.

"May I ask Dr. Lu, what is the salary offered to you by Zhonghe Group?"

Lu Qi laughed, "This is personal privacy, which is kept secret for the time being, but it is still a cut higher than me at Microsoft." ”

The reporter was even more curious, Lu Qi had an annual salary of 10 million yuan at Microsoft, not including stock dividends.

The salary offered by Zhonghe Group is even higher, is it hundreds of millions? This is really the emperor of part-time work.

"Dr. Lu, how big do you think the gap between the AI companies in mainland China and the top AI companies in Silicon Valley is still there, and can you catch up with them?"

Finally asked a more nutritious question, Lu Qi said with a smile: "There must be a gap, but it's not as big as imagined, probably a few years."

In some areas, China still has rivalry, even leading, enterprises. As long as we keep up with the United States, I think we can catch up with the United States. ”

"Dr. Lu, what is the direction of AI R&D of Zhonghe Group, such as chatbots, unmanned driving, business intelligence analysis, and healthcare?"

Lu Qi smiled, "There are too many fields you said? We will focus on one area first, such as business intelligence analysis."

Others, it depends on the specific research and development progress. ”

There are a lot of reporters who came to the venue today to interview, artificial intelligence is a big gimmick, and the Chinese migrant emperor returned to China to join Chinese technology companies, there are too many news hotspots.

Therefore, many reporters are actively asking questions, roughly focusing on several key issues such as "artificial intelligence" and "Zhonghe Group".

Zhonghe Group is still an empty shelf, and the integration has not yet been completed, and Lu Qi has not started a detailed discussion.

It's artificial intelligence, Lu Qi talks a lot.

He talked about the AI boom in Silicon Valley, the entry of high-volume companies into this field, the number of patents obtained, and how the R&D results will transform traditional "Internet" companies.

That's right, Internet companies have become traditional enterprises in the face of AI.

In addition to Internet companies, traditional industries and manufacturing industries can also be empowered by AI.

Lu Qi said: "AI industrial model prediction refers to the use of industrial big data to intelligently deploy data such as raw materials, output, production time, and waste emissions through AI, and finally obtain an intelligent production model that is higher than extensive production."

In addition, the expert experience can also be converted into AI models, and then put into production to solve the problem of insufficient experience of workers;

In addition, the maintenance and equipment management experience is transformed into an AI model to predict equipment failures, intelligently manage the maintenance system, and so on.

As a big manufacturing country, AI technology will have a great impact, and we must be prepared.

Robots replace assembly line workers, fast translators replace translators, virtual anchors replace hosts, and smart medical care replaces radiologists......

The advent of the AI era will bring changes to the entire business and society. ”

Lu Qi explained in simple terms, selected several industries, and briefly explained the impact of AI.

Lu Qi is still more pragmatic, talking about the "weak artificial intelligence" that will basically be realized in recent years, and does not talk about the "strong artificial intelligence" of the terminator.

Because it's so far away, it may not be seen in the lifetime of the current generation.

Many reporters present listened to it fascinated, and recorded Lu Qi's speech while listening, preparing to send a draft when they returned.

It's called "The Era of Artificial Intelligence is Coming, Are You Ready?"